Posted by Indrodeep Banerjee on August 31, 2009
Total Views - 1578
On Monday markets opened with gap down on the back of negative cues from the Asian Markets and sustained selling pressure further dragged the markets down.
Market faced experienced support at 4648 as calculated by us and managed to recover from days lows to end the day marginally above days lows.
Nifty finally closed at 4662.10
loosing 70 points or 1.48 %
Trading Strategy for 1 Sep, 2009
Intraday Support for the market shall be Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 29, 2009
Total Views - 1528
On Friday markets opened on a positive note with gap up opening but soon turned volatile and traded extremely choppy on the back of mixed cues from the Asian Markets .
Market faced stiff resistance at 4698 mark as calculated by us and profit booking emerged every time it traded above this level unless after the mid session it made a strong recovery from the days lows to end on a positive note on fresh buying coming in with the strong opening of European markets .
However it traded with positive bias and managed to end the day on a positive note.
Nifty finally closed at 4732.35
Gaining 44 points or 0.94 %
Trading Strategy for 31 Aug, 2009
Intraday Support for the market shall be Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 26, 2009
Total Views - 1410
On Wednesday markets opened positive with gap up but soon turned volatile and traded extremely choppy throughout the day ahead of fno expiry. Market faced stiff resistance exactly at 4698 mark as calculated by us yesterday.
However it traded with positive bias and managed to end the day on a positive note.
Nifty finally closed at 4680.85
Gaining 21 points or 0.46 %
Trading Strategy for 27th Aug, 2009
Intraday Support for the market shall be Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 25, 2009
Total Views - 1315
On Tuesday markets opened weak with gap down on weak cues from Asian markets and profit booking ahead of fno expiry dragged the markets further down in the early trading. Soon strong buying emerged at the lower levels and the markets surged up into the positive territory where it faced stiff resistance near 4684 mark with support at 4596 mark, as calculated by us yesterday. However it managed to end the day on a positive note.
Nifty finally closed at 4659.35
Gaining 17 points or 0.36 %
Trading Strategy for 26th Aug, 2009
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Posted by Indrodeep Banerjee on August 24, 2009
Total Views - 1248
On Monday markets opened with huge gap up on strong cues from global markets. Strong buying led the markets to maintain its gain throughout the day, however investors churned their positions while markets ended on a strong note.
Nifty finally closed at 4642.80
Gaining 114 points or 2.52 %
Trading Strategy for 25th Aug, 2009
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Posted by Indrodeep Banerjee on August 22, 2009
Total Views - 1129
On Friday markets opened weak on negative cues from Asian markets but strong buying came in from Domestic Funds and FIIs at lower levels which pulled the markets sharply up to end on a strong note.
Nifty finally closed at 4528.80
Gaining 75 points or Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 19, 2009
Total Views - 923
On Wednesday markets opened flat but slipped deep into the reds as traders went in selling on weak cues from Chinese and other Asian markets, leading to sharp fall in the market.
4364, as calculated by us yesterday, proved to be the intraday support for the market.
Nifty finally closed at Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 18, 2009
Total Views - 820
On Tuesday markets jumped up strongly after opening flat. Investors and traders went in for bargain hunt on the frontline stocks after previous days sharp fall in the market.
Markets traded extremely bullish with strong buying coming in. European markets further added to the positive sentiment of the traders
Nifty finally closed at Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 16, 2009
Total Views - 718
On Friday markets closed weak after a day long volatility amidst profit booking after previous days smart rally.
Markets traded extremely volatile within the range of 4560 and 4612 with support at 4562 and resistance at 4608
Nifty finally closed at 4580.05
Loosing Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 12, 2009
Total Views - 664
On Wednesday markets witnessed strong buying at lower levels after opening weak and slipping below 4300 levels. Aggressive buying pulled the markets up as the investors made entry at lower levels below 4300.
4386. as calculated by us yesterday, proved to be the intraday support for the market, though it slipped below it for some time, but witnessed heavy buying at those levels.
Nifty finally closed at 4457.50
Loosing Click Here To Read Full Article »
